- The Centre is set to miss its disinvestment target for the financial year, facing delays in major strategic sales like the IDBI Bank privatization deal. - Strategic disinvestment of IDBI Bank involves stake dilution by both the Government of India and LIC. - Delays in regulatory clearances, due diligence, and changing market conditions are key bottlenecks affecting public asset monetization and disinvestment proceeds. - **IDBI Bank:** A major Indian financial institution currently undergoing strategic privatization where the central government and LIC are selling a majority stake to private investors like Fairfax Financial Holdings. - **Department of Investment and Public Asset Management (DIPAM):** A department under the Ministry of Finance responsible for managing central government investments in equity, including strategic disinvestments and privatization of public sector enterprises. **Introduction** The article discusses the central government's trajectory regarding its disinvestment targets, highlighting major hurdles such as delays in the strategic sale and privatization of IDBI Bank, which impact overall fiscal management and non-debt capital receipts. **Core Issue and Detailed Points** - The Centre is set to miss its disinvestment target for the financial year, facing delays in major strategic sales like the IDBI Bank privatization deal. - Strategic disinvestment of IDBI Bank involves stake dilution by both the Government of India and LIC. - Delays in regulatory clearances, due diligence, and changing market conditions are key bottlenecks affecting public asset monetization and disinvestment proceeds. **Key Statutory Bodies, Acts & Concepts** - **IDBI Bank:** A major Indian financial institution currently undergoing strategic privatization where the central government and LIC are selling a majority stake to private investors like Fairfax Financial Holdings. - **Department of Investment and Public Asset Management (DIPAM):** A department under the Ministry of Finance responsible for managing central government investments in equity, including strategic disinvestments and privatization of public sector enterprises.